Bluewater Dental Advisors

As we continue helping dentists grow their practice and maximize their dental wealth at Bluewater Dental Advisors, we have kept our ears open to our dentists and heard a common problem: tooth fairy retention! We hear you loud and clear, and that's why we are bringing Tooth Fairy Retention Planning services to our repertoire! Inquire with us at 1 (800) APR-FOOLS today ??? #aprilfools #retentionplanning #dentalhumor

Innovation, Education, and Standardization-- OH MY! Did you know Starbucks probably has more advanced technology than a typical dental office when it comes to catering to customer experience? It’s true! As a champion of Digital Nitrous, #dental standards and the importance of the patient experience in dentistry, Dr. Bryan Laskin appears frequently in TV interviews and #podcasts and writes as a thought leader in the #healthcare space. Check out our conversation about how he's innovating and educating dentists on creating better standardization in the industry, below! Links are in the comments ?? 2023-165648

We all want to experience a feeling of confidence and abundance in our lives, and usually that's tied to our finances and our aspirational goals. Whether that's through your business ownership, family-life, or charitable work, defining a greater sense of clarity and security can help us move forward with financial balance in our world. Tune in to listen to a great conversation Leland Gross, CFP?, EA and I had about what it means to be an excellent financial advisor and planner for our clients, our similarities in our perspectives around financial planning, and how we understand the doubts and lack of self-confidence that successful #entrepreneurs face as part of their day-to-day minutiae. If you've ever wondered how a business-specific #financialplanner could help you push forward with confidence, clarity, and security about your #finances, you'll thoroughly enjoy this #podcast episode! ?Please share with any entrepreneurs you think would benefit from this! Spotify: https://lnkd.in/g6nURQSy Apple Podcast: https://lnkd.in/gpQ7GiWe Google Podcast: https://lnkd.in/gGpWfXYi 2023-165037

Sending you a Texas sized "Yeehaw!" from our team in Austin last week for the Crown Council Annual Event. We had a blast building connections and spreading financial education. When we weren't scootering around the city, we were bringing awareness to hundreds of dental practice owners of the importance of strategically planning your exit. If you weren't able to make it or you are local to #charleston and wanting to learn more about the 3 different avenues you will be faced with at the exit of your dental practice and what you should've been doing YESTERDAY to plan for it, we have good news! We will be speaking on this very topic locally next week. Check out the link in the comments for more information ???? Big thank you from Brandon and I to Shelby and Ciara who we couldn't do it without. #Dentists #exitplanning

The past couple of weeks we have talked about business owner burnout- the signs and consequences. Today I want to talk about 4 ways to OVERCOME business owner burnout. Delegate/ Focus on Next Level Management Your business may have grown to a level where it is in your best interest to shift your focus to delegating and developing next-level managers (people who can assist in taking your business to the next level and ultimately take over when you decide to exit). This can also increase your business value. *This one is a big one, check out the blog linked below to read more* Reassess Goals & Passions Circumstances within your business can change, it’s when you don’t adapt to those changes that burnout can begin to lay siege to your operations. Habitually reevaluate and restructure your goals and strategies-- we do this monthly within our own company. Promote Recovery Spend time doing things that refuel your drive and motivation. Join a community of like-minded entrepreneurs. Make sure you are getting enough sleep and spending enough time unplugged from your business. Work With Your Exit Planner Exit planner’s strategies are designed to keep you and your goals at the forefront of your journey so that you don’t get lost in the “how” and forget your “why”. One of the biggest stressors that cause burnout is the future of your business and your family, the benefit of an exit planner here is to help you PLAN. This may help you sleep better and delegate better when you have a helping hand.

Last week we talked about the signs of business owner burnout, but this week I want to talk about the cost and consequences. According to Business Enterprise Institute Inc. (2023), business owner burnout can lead to: Poor management of stressors (causing snowballing and trickles down to your team) Reactive problem-solving rather than proactive planning Impulsive exit planning decisions (or lack of exit planning) As you can imagine, when you are struggling to find motivation for the next day or week, looking into the future that is the eventual exit of your business can be extremely difficult. Without proper planning, this can be detrimental to your financial future and prolong your mental struggles. The battle against burnout doesn’t just involve looking out for your current self, it also involves the well-being of your future self. When overcoming burnout, it can be helpful to create a sounding board of qualified financial professionals specializing in business planning in your industry. This can help ensure proactive decision-making and strategically combat burnout-causing factors within your business. If you do not already have one, please feel free to reach out to chat in the link below.

When you started your business, your intent was most likely to secure your financial future and create the ideal work-life balance you dreamt of, among other reasons. Quickly, you may have come to the realization that coupled with the stressors of running a business, these aspirations too can become stressful. The more you strive for a healthy work-life balance in your business, the more you may feel the pressures of taking time for yourself and not on your business, and the walls of that ideal life can begin to close in on you. You may start to feel that you’ve lost agency of your life to your business and that it is running your life instead of the other way around. Signs that you may be suffering from Burnout: A sense of defeat Avoidance/ resentment/ cynicism towards work Depersonalization + Detachment Loss of motivation or satisfaction after the workday Feeling emotionally spent/ numb Feeling trapped/ loss of agency These signs of burnout may cause you to lack the ability to emotionally connect with your clients/patients/customers, as well as your staff. Spending yourself so emotionally, mentally, and physically can create a very large risk to not only the quality of your business but your health as well. If you are reading this and relating, this may be your first step towards taking action. Please join us in the next weeks as we elaborate more on the consequences of burnout and how to overcome it. In the meantime, if you are relating to this discussion, open a conversation with a loved one closest to you as you start on your journey to recovery. If you have previously or are currently recovering from professional burnout, please leave a few words of encouragement in the comments for those who may be recognizing theirs for the first time. The National Suicide Prevention Lifeline (1-800-273-8255) provides 24/7, free, confidential support for people in distress, as well as best practices for professionals and resources to aid in prevention and crisis situations.